what the hell is up with NQ?

heilbronner · Dec 2, 2003

We are trading in a range less than 5 points for about an hour now. Opening is supposed to have the biggest volatility, damn.

LongShot · Dec 2, 2003

this sucks (how am I to pay my mortgage

)

pspr · Dec 2, 2003

Sell naked puts and calls!

heilbronner · Dec 2, 2003

IMHO you don't get much premium with that kind of vola.

iceman1 · Dec 2, 2003

Quote from heilbronner:

We are trading in a range less than 5 points for about an hour now. Opening is supposed to have the biggest volatility, damn.

so Heilbronner....

I haven't been too active recently, and thus have not been reading your posts...

.... got any good short candidates? (or longs?)

Regards,

ICe

heilbronner · Dec 2, 2003

Quote from iceman1:

so Heilbronner....

I haven't been too active recently, and thus have not been reading your posts...

.... got any good short candidates? (or longs?)

Regards,

ICe

Hi ice,

I decided to end posting trades on ET. Jcom will be the last trade posted.

Regards,

heilbronner

...Trade done!!!!

Just sold all the rest of Jcom @ 29.08 with a gain of 12%.

So in all there is now a profit in Jcom of around 39% in a relatively short time.

This will be the last trade posted on ET.

Good luck to everybody...

Ditch · Dec 2, 2003

With intraday margins about the same and this kind of volatility i can't think of much reasons that favor NQ above Es right now.

spyderman · Dec 2, 2003

maybe it is all the ex-bullet traders crowding into the minis??

heilbronner · Dec 2, 2003

Quote from Ditch:

With intraday margins about the same and this kind of volatility i can't think of much reasons that favor NQ above Es right now.

Totally right, Ditch.

But as NQ has been good to me and I feel good vibrations with NQ I don't switch to ES although you are right.

But if that kind of range is establishing I have to rethink, of course.

Ditch · Dec 2, 2003

Quote from heilbronner:

Totally right, Ditch.

But as NQ has been good to me and I feel good vibrations with NQ I don't switch to ES although you are right.

But if that kind of range is establishing I have to rethink, of course.

Heilbronner,

after the latest margin increase i went back to Es. I don't regret it so far, it's a bit smoother and during tight congestion the smaller tick size is an advantage.